The social development bank for Europe

Improving education infrastructure in the City of Espoo

  • Approval date

    29 January 2021

  • Borrower

    City of Espoo

  • Country

    Finland

  • Loan size

    € 80 000 000

  • Line of action

    Inclusive growth

  • Status

    Completed

An additional loan request of €80 million, increasing the total amount of the loan to €160 million, to support educational investments during the period 2020-2022 and to enable the City to continue to adapt its infrastructure and to develop districts in response to a steady growth in population and diversity.

Final beneficiaries will be inhabitants of the City of Espoo, in particular, children in day care centres, school pupils and staff of public educational infrastructures. Young families and city residents attending cultural events or involved in special interest clubs will also benefit from the upgraded infrastructure and amenities.